Benefits of a Banking Resolution
Easy-to-Use Template
Quickly and easily complete the resolution to open a business bank account.
Adopted by Owners
Your LLC owners or corporate board of directors create and adopt the resolution.
Assigns Authority
Authorizes the opening of a bank account and who can provide signature at the bank.
What is a Banking Resolution and Why Do I Need One?
A banking resolution is the simplest way to authorize someone to open a bank account and provide signature for the business. This document is created by the owners for a limited liability company (LLC) or the board of directors for a corporation. It is commonly agreed on during the initial meeting of the owners or board, but it can also be drafted or altered in future meetings.